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Discussion: (2 comments)

  1. Seattle Sam

    I’m sure uncertainty’s effect is negative in some amount, but isn’t that amount likely to be less than the damage that caused by removing the uncertainty with a large permanent tax increase? That appears to be the only other option government ever considers.

    1. mesa econoguy

      Exactly Sam. It is that threat of future punitive action (or massive regulatory cost) which is currently paralyzing business, and will continue to do so for the indefinite future, now that we have backed ourselves into this tax, regulate, and overspending corner.

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